Guideline Value for A.P.R NAGAR

A.P.R Nagar guideline value

The current guideline value of A.P.R Nagar, located in Vellanaipatty village under the Ganapathy SRO, is Rs 335 per sq.ft. This value is effective from 1 July 2024 and falls under the Residential Class I Type - II land classification.

How the guideline value of A.P.R Nagar has changed

The guideline value of A.P.R Nagar has seen several revisions over the years. The 2012 revision set the value at Rs 300 per sq.ft, which then decreased to Rs 201 per sq.ft in the 2017 revision. Following this, the 2023 revision increased the value to Rs 300 per sq.ft, and the most recent 2024 revision has set it at Rs 335 per sq.ft, reflecting a 12% increase from the previous year.

Overall, from 2012 to 2024, the guideline value has increased by 12%. The changes between the revisions include a 49% increase from 2017 to 2023, and a 33% decrease from 2012 to 2017. The register does not contain figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Vellanaipatty

In Vellanaipatty, there are 110 streets under the Ganapathy SRO that have a 2024 guideline value ranging from Rs 220 to Rs 1,500 per sq.ft. The median value is Rs 335 per sq.ft, which matches the guideline value of A.P.R Nagar.

• Anna Nagar/ Andakkapalayam: Rs 335 per sq.ft (2024)
• Aruns Gardens: Rs 335 per sq.ft (2024)
• Andakkapalayam: Rs 220 per sq.ft (2024)
• Babu Gardens: Rs 335 per sq.ft (2024)
• Balu Gardens: Rs 335 per sq.ft (2024)
• Bankers Colony: Rs 335 per sq.ft (2024)

Stamp duty and registration fee for property in A.P.R Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 335 per sq.ft, the total guideline value amounts to Rs 3,35,000. The stamp duty at 7% would be Rs 23,450, and the registration fee at 2% would be Rs 6,700, leading to a total of Rs 30,150. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers A.P.R Nagar?

The Sub Registrar Office that covers A.P.R Nagar is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Vellanaipatty

The guideline value is an essential factor in the registration process when buying or selling property in Vellanaipatty. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is registered, the guideline value is used to calculate the applicable fees, ensuring that the transaction is recorded at a value that reflects the current market conditions as set by the registration department.

Frequently asked questions

What is the current guideline value of A.P.R Nagar?

The current guideline value of A.P.R Nagar is Rs 335 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 300 per sq.ft in 2012 to Rs 201 per sq.ft in 2017, then increased to Rs 300 per sq.ft in 2023, and finally to Rs 335 per sq.ft in 2024.

What are the other streets with similar guideline values in Vellanaipatty?

Other streets in Vellanaipatty with a guideline value of Rs 335 per sq.ft include Anna Nagar/ Andakkapalayam, Aruns Gardens, Babu Gardens, Balu Gardens, and Bankers Colony.

What is the registration fee for property in A.P.R Nagar?

The registration fee for property in A.P.R Nagar is calculated at 2% of the guideline value. For a property valued at Rs 3,35,000, the registration fee would be Rs 6,700.

Where can I find the Sub Registrar Office for A.P.R Nagar?

The Sub Registrar Office for A.P.R Nagar is the Ganapathy Sub Registrar Office, located at Sankaralinganar Road, Maniyakaranpalayam, Ganapathy, Coimbatore, 641006.